What is the catch in this house
Nov 15th 2019 | 2:08 am
#1
Thread Starter
BE Enthusiast
Joined: May 2014
Posts: 329
What is the catch in this house
Hi
I am Australian and I got my Canadian permanent residency recently
I was looking at house prices in Edmonton, Alberta.
I found a beautiful house (Furnished!!!) for less than $50k.
That does not make sense, there must be a catch I did not get
Here is the ad description.
not sure what i am missing here !
I am Australian and I got my Canadian permanent residency recently
I was looking at house prices in Edmonton, Alberta.
I found a beautiful house (Furnished!!!) for less than $50k.
That does not make sense, there must be a catch I did not get
Here is the ad description.
Welcome to this well-maintained 2002 home in Westview Village! This home comes FULLY FURNISHED at no additional cost! Your BRIGHT open concept living space welcomes you with VAULTED ceilings, Laminate floors through and plenty of windows. Youll love the bright spacious kitchen with SKYLIGHT, great storage space and corner PANTRY! Down the hall, find an XL Master Bedroom with full 4pc ENSUITE & WALK-IN closet. Bedrooms 2 and 3 are located down the hall and share their own full 4pc bathroom. The entrance includes storage, closet and washer/dryer. Enjoy your huge WEST-FACING fully-fenced and private yard with deck and plenty of green space. Live in the best mobile home community in Edmonton with playgrounds, walking trails, parks, lakes, skating rink, convenience store, gas station, daycare & restaurant. Available for immediate possession! Easily the best value in Westview Village for a newer home! Only 3 fully-furnished homes for $49,000 remaining (id:1937)
not sure what i am missing here !
Nov 15th 2019 | 2:16 am
#2
Tea Drinker
Joined: Nov 2006
Posts: 5,387
From: Kamloops, BC
Re: What is the catch in this house
It's a mobile home.
Nov 15th 2019 | 2:19 am
#3
Thread Starter
BE Enthusiast
Joined: May 2014
Posts: 329
Re: What is the catch in this house
You mean a caravan?
Nov 15th 2019 | 2:23 am
#5
Thread Starter
BE Enthusiast
Joined: May 2014
Posts: 329
Re: What is the catch in this house
aha.. no land.. that is the catch.. thanks
Nov 15th 2019 | 3:27 am
#6
BE Forum Addict
Joined: Apr 2013
Posts: 2,485
From: London, ON
Re: What is the catch in this house
Key here is to look at the Realtor.ca 'Building Type' which is 'Mobile Home'. UK equivalent would be a 'Park Home'. Dunno what they call them in Oz.
Nov 15th 2019 | 4:14 am
#7
Just Joined
Joined: Sep 2019
Posts: 14
Re: What is the catch in this house
Its also 20 years old so basically not worth a lot, in 5- 10 years it will be worth zero and you'll have to dispose of it, westview charges $700-1000 per month for the Land it sits on including electricity, and they are tricky to finance/insure
If you need a realtor in Edmonton my best friend is one, you would essentially need one to buy a house here.....
If you need a realtor in Edmonton my best friend is one, you would essentially need one to buy a house here.....
Nov 15th 2019 | 4:41 am
#8
Assimilated Pauper
Joined: Mar 2005
Posts: 40,070
From: Ontario
Re: What is the catch in this house
Rent for a year. Don't be uninformed fresh meat for an estate agent.
Nov 15th 2019 | 7:55 am
#10
Banned
Joined: Apr 2009
Posts: 19,878
From: SW Ontario
Re: What is the catch in this house
Its also 20 years old so basically not worth a lot, in 5- 10 years it will be worth zero and you'll have to dispose of it, westview charges $700-1000 per month for the Land it sits on including electricity, and they are tricky to finance/insure
If you need a realtor in Edmonton my best friend is one, you would essentially need one to buy a house here.....
If you need a realtor in Edmonton my best friend is one, you would essentially need one to buy a house here.....
https://www.genworth.ca/en/products/...a-program.aspx
Many parks won't allow full time use of a trailer / mobile home / park model to live in all year round; plus if it's old, there's no value in it and you may not be able to sell it later. I have a friend who has one at a lake park - it's over 10 years old - and she is not allowed to sell it, can only reside in it for so many months a year.
https://ateamymm.ca/purchasing-mobile-home
https://www.kijiji.ca/b-alberta/mobi...r-park/k0l9003
